Published : 09 Jul 2025, 05:56 PM
The benchmark index of the Dhaka Stock Exchange (DSE) has crossed the 5,000-point mark for the first time in two and a half months, as renewed investor interest and higher turnover lifted prices across most sectors.
At the end of the trading session on Wednesday, the DSEX closed at 5,035 points, rising nearly 54 points from the previous day.
The country’s premier bourse showed consistent upward trajectory since the start of the day. But late-session selling pressure trimmed some gains.
The index, however, finished above the key 5,000-point level -- a threshold it had been flirting with for over a week.
The return to 5,000 points marks a notable turnaround for a market that had been stuck in a prolonged downturn, exacerbated by liquidity constraints and policy uncertainty.
Market activity had surged in early August following the fall of the Awami League government, when the index jumped to 6,015 points and turnover climbed as high as Tk 20 billion on Aug 11.
The rally cooled off over the following months, with the DSEX slipping below 5,500 in October before slipping below 5,000 on Apr 24.
Wednesday’s rally was broad-based, with 273 of the 397 traded companies advancing, 87 declining, while 46 remained unchanged.
Turnover also rose significantly to Tk 6.91 billion, up from Tk 6.02 billion the day before.
Banks, pharmaceuticals and chemicals led trading by sector, with engineering stocks climbing to the third spot, overtaking textiles.
According to DSE data, banks saw the highest turnover with shares worth Tk 1.11 billion changing hands. Pharmaceuticals and chemicals followed with Tk 874.7 million, while engineering stocks contributed Tk 659.6 million.
Top gainers based on closing prices included Rahim Textile Mills, National Life Insurance, and Sharp Industries while SEML Lecture Equity Management Fund, Yakin Polymer, and Express Insurance were most prominent among losers.